Western States Corvette Council
- Assets
- $56.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Martin, CA
- Founding
- 05/1981
- Data as of
- 12/2023
- EIN
- 94-2724149
Organization Overview
Western States Corvette Council is located in San Martin, CA. The organization was established in 1981. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western States Corvette Council is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Western States Corvette Council generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $9.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT AND COMMUNICATION FOR 49 MEMBER-CLUBS DURING FUNDRAISING EVENTS IN ORDER TO SPREAD SOCIAL GOODWILL AMONG CORVETTE OWNERS IN WESTERN STATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Jacksteit Vice President | 10 | $0 | |
Norm Rose President | 8 | $0 | |
Howard Davies Secretary | 3 | $0 | |
Margaret Zamora Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,020 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,055 |
| Other Revenue | $510 |
| Total Revenue | $8,637 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $725 |
| Occupancy, rent, utilities, and maintenance | $2,644 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,231 |
| Total expenses | $9,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,045 |
| Other assets | $0 |
| Total assets | $56,045 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,045 |